NOT LISTED FOR SALE

48801 97th St E Lancaster, CA 93535

Estimated Value: $555,000 - $580,126

5 Beds
4 Baths
3,258 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $325,000 $100 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,405/month

23 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Maid or Guest Quarters
  • Horse Property
  • 40 Acre Lot
  • Ranch Style House

About This Home

As of May 2023

Rare 40-Acre Ranch Zoned Heavy Agricultural w/ 2 Operational Wells on Regular Flat Lot + Guest House!
Incredible opportunity for investors, farmers, or visionary buyers seeking land, space, and potential. Main residence is 2,528 sq ft, 3 bed/3 bath ranch-style home remodeled in the 1990s. Home experienced an electrical fire in 2020s causing significant smoke damage - must be sold as-is. CASH, FHA 203k, or Hard Money only. Seller OPEN to carrying/SELLER FINANCING.

880 sq ft Guest House (currently configured as workshop) offers 2 beds, 1 bath, kitchenette, and dedicated septic. Property includes 2 working wells (1 commercial-grade w/ new pump in 2017), 4 septic systems, RV septic hookup, hoop houses for agricultural use, cistern, two storage sheds, and sweeping mountain/desert views.

Zoned Heavy Agriculture per LA County Planning Portal—ideal for livestock, farming, greenhouse cultivation, or off-grid living (buyer to verify max use). Just ~25 minutes from Downtown Lancaster, the BLVD District, shopping, restaurants, and major retail. Easy access to Edwards Air Force Base, Saddleback Butte State Park, Willow Springs Raceway, and Antelope Valley Poppy Reserve.
Don’t miss this rare blank canvas with infrastructure, acreage, and upside - priced for immediate action!

Last Agent to Sell the Property

Lynda Patterson

RE/MAX All-Pro License #00998791 Listed on: 03/23/2023

RE/MAX All-Pro

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 40 Acre Lot
  • Rectangular Lot
  • Property is zoned LCA11

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Concrete Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,258 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • RV Access or Parking

Accessible Home Design

  • Wheelchair Access
  • Wheelchair Adaptable

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Propane
  • Well
  • Septic System

Additional Features

  • Horse Property
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3306-006-021

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: 14 Freeway: Exit Avenue F: Go East on Ave F: Go North on Sierra Highway: Go East Ave E: Go North on 97th St East to property...look for the sign out front
  • Listing Member Name: Lynda G Patterson
  • Lot Measurement: Acres
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 3258.00
  • Tract Suffix: Street
  • Year Built: 1958
  • Precautions: Pls do not go direct
  • Other Features Comments: Cistern-Storage Bldg
  • Property Sub Type: Single Family Residence
  • R V Access: Yes
  • Building Stories: 1 Story
  • Cross Street: Dirt
  • Audio Video Surveillance: Yes
  • House Sale Contingency: None
  • Building Style: Ranch, Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Basement Full Bathrooms: 4
  • Dining Room: Breakfast Room, Dining Area, Dining in Kitchen
  • Fireplace: Pellet Stove, Woodburning
  • FireplaceComments: Raised Hearth

Exterior Features

  • Exterior Construction: Block
  • Roof: Tile
  • Exterior Features: Accessory Buildings, Bonus Room, Downstairs Bedroom, Family Room, Guest House, Guest Qtrs/Maids Rm, Pets Allowed, Wheelchair Acc., Wheelchair Adaptable, Workshop
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Detached
  • GarageNumberOfGarageSpaces: 4

Utilities

  • Sewer: Septic System
  • Hot Water: Own Well
  • Utilities: Propane

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 40.00
  • Zoning: LCA11
  • Horse Property: Yes

Green Features

  • Solar: None

Rental Info

  • Pet Deposit: 10,000

Tax Info

  • Assessor Parcel Number: 3306-006-021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 20, 2023
Sold by
David And Victoria Green Family Trust and Green David M
Bought by
Meng Xinli
Seller's Agent
Lynda Patterson
RE/MAX All-Pro
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$325,000
Sold Price
$325,000
Views
199
Current Estimated Value
$570,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,032
Avg. Annual Appreciation
24.02%

Purchase Details

Closed on
Apr 21, 2004
Sold by
Green David M and Green Victoria L
Bought by
Green David M

Purchase Details

Closed on
Aug 19, 1999
Sold by
Herle George and Herle Virginia
Bought by
Green David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.47%

Purchase Details

Closed on
Apr 17, 1996
Sold by
Lindsey Heeja
Bought by
Herle George and Herle Virginia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meng Xinli $315,000 California Best Title
Green David M -- --
Green David M $135,000 First American Title Co
Herle George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green David M $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 For Sale $580,000 +78.5% $244 / Sq Ft
05/25/2023 05/25/23 Sold $325,000 0.0% $100 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $325,000 -- $100 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,013 $419,281 $190,393 $228,888
2024 $5,013 $411,060 $186,660 $224,400
2023 $2,490 $199,416 $93,357 $106,059
2022 $2,500 $195,507 $91,527 $103,980
2021 $2,482 $191,675 $89,733 $101,942
2019 $2,416 $185,991 $87,072 $98,919
2018 $2,405 $182,345 $85,365 $96,980
2016 $2,263 $175,266 $82,051 $93,215
2015 $2,225 $172,634 $80,819 $91,815
2014 $2,260 $169,253 $79,236 $90,017
Source: Public Records

Agents Affiliated with this Home

  • BRYAN YUNG

    Seller's Agent in 2025

    BRYAN YUNG

    eXp Realty of California Inc

    (626) 419-9000

    50 Total Sales

    BRYAN YUNG
    Section Image
  • REIMUNDO SUAREZ-TAPIA

    Seller Co-Listing Agent in 2025

    REIMUNDO SUAREZ-TAPIA

    EXP REALTY OF CALIFORNIA INC

    (424) 537-8735

    8 Total Sales

    REIMUNDO SUAREZ-TAPIA
    Section Image

  • U

    Buyer's Agent in 2023

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 23001967

Greater Antelope Valley Association of REALTORS®

APN: 3306-006-021

California Los Angeles County Lancaster 93535

48801 97th St E, Lancaster, CA

Not Listed for Sale

Detached

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